The Records of ZZZZ Better Corporation Include the Following What Is the Return on Equity?
A) 6%
B) 13

question 13

Multiple Choice

The records of ZZZZ Better Corporation include the following: $$\begin{array} { | l | r | } \hline \text { Average total assets } & \$ 60,000 \\\hline \text { Average total liabilities } & 45,000 \\\hline \text { Total revenue } & 107,600 \\\hline \text { Total expense (including income tax) } & 104,000 \\\hline\end{array}$$ What is the return on equity?

• A) 6%
• B) 13%
• C) 16%
• D) 24%